Kirloskar Brothers (BOM:500241) Cyclically Adjusted Book per Share: ₹205.31 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:500241 Kirloskar Brothers Ltd BOM:500241
80 GF Score
Price ₹1,845.95
GF Value ₹1,758.84
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Kirloskar Brothers Cyclically Adjusted Book per Share?

Kirloskar Brothers BOM:500241 -1.67% 80 Cyclically Adjusted Book per Share is ₹205.31 as of Mar. 2026. GuruFocus rates BOM:500241 with a GF Score™ of 80/100 and a GF Value™ of ₹1,758.84 (Fairly Valued). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Kirloskar Brothers's adjusted book value per share for the three months ended in Mar. 2026 was ₹310.296. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₹205.31 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kirloskar Brothers's average Cyclically Adjusted Book Growth Rate was 6.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2026-07-24), Kirloskar Brothers's current stock price is ₹1845.95. Kirloskar Brothers's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹205.31. Kirloskar Brothers's Cyclically Adjusted PB Ratio of today is 8.99.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kirloskar Brothers was 12.06. The lowest was 6.84. And the median was 8.71.


Kirloskar Brothers  (BOM:500241) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Kirloskar Brothers's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1845.95/205.31
=8.99

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kirloskar Brothers was 12.06. The lowest was 6.84. And the median was 8.71.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Kirloskar Brothers Cyclically Adjusted Book per Share Related Terms


Kirloskar Brothers Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Kirloskar Brothers's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Kirloskar Brothers Cyclically Adjusted Book per Share Chart

Kirloskar Brothers Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 193.20 205.31

Kirloskar Brothers Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 193.20 0.00 201.08 0.00 205.31

BOM:500241 vs GEV, ETN, PH: Cyclically Adjusted Book per Share Comparison

For the Specialty Industrial Machinery subindustry, Kirloskar Brothers's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kirloskar Brothers Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kirloskar Brothers's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kirloskar Brothers's Cyclically Adjusted PB Ratio falls into.


BOM:500241
80GF Score
Kirloskar Brothers Ltd BOM:500241
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kirloskar Brothers Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Kirloskar Brothers's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=310.296/164.2724*164.2724
=310.296

Current CPI (Mar. 2026) = 164.2724.

Kirloskar Brothers Quarterly Data

Book Value per Share CPI Adj_Book
201103 107.772 70.768 250.168
201203 111.095 76.889 237.354
201303 117.298 85.687 224.875
201403 125.474 91.425 225.452
201503 120.982 97.163 204.543
201603 116.157 102.518 186.127
201703 113.095 105.196 176.607
201803 118.687 109.786 177.590
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 114.509 118.202 159.140
201906 0.000 120.880 0.000
201909 109.484 123.175 146.013
201912 0.000 126.235 0.000
202003 118.759 124.705 156.440
202006 0.000 127.000 0.000
202009 119.332 130.118 150.655
202012 0.000 130.889 0.000
202103 139.114 131.771 173.427
202106 0.000 134.084 0.000
202109 138.221 135.847 167.143
202112 0.000 138.161 0.000
202203 148.273 138.822 175.456
202206 0.000 142.347 0.000
202209 150.361 144.661 170.745
202212 0.000 145.763 0.000
202303 176.791 146.865 197.746
202306 0.000 150.280 0.000
202309 185.369 151.492 201.007
202312 0.000 152.924 0.000
202403 216.468 153.035 232.364
202406 0.000 155.789 0.000
202409 233.361 157.882 242.806
202412 0.000 158.323 0.000
202503 263.554 157.552 274.796
202506 0.000 159.755 0.000
202509 277.991 162.289 281.388
202512 0.000 163.281 0.000
202603 310.296 164.272 310.296

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of ₹205.31 mean?
Kirloskar Brothers (BOM:500241) has a Cyclically Adjusted Book per Share of ₹205.31 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Kirloskar Brothers and its competitors.
Is Kirloskar Brothers' Cyclically Adjusted Book per Share too high?
Kirloskar Brothers' current Cyclically Adjusted Book per Share is ₹205.31. Overall, Kirloskar Brothers has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kirloskar Brothers' Cyclically Adjusted Book per Share compare to GEV and ETN?
Kirloskar Brothers' Cyclically Adjusted Book per Share of ₹205.31 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Industrial Products company?
A good Cyclically Adjusted Book per Share depends on the Industrial Products industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Kirloskar Brothers and its competitors. Kirloskar Brothers's current Cyclically Adjusted Book per Share is ₹205.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kirloskar Brothers stock overvalued right now?
Based on GuruFocus' analysis, Kirloskar Brothers (BOM:500241) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,758.84, compared to a current price of ₹1,845.95 — trading 5% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₹205.31. Kirloskar Brothers' overall GF Score™ is 80/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Kirloskar Brothers (BOM:500241), the current Cyclically Adjusted Book per Share is ₹205.31 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Kirloskar Brothers (BOM:500241) Overvalued in 2026?

Based on GuruFocus' analysis, Kirloskar Brothers stock appears to be overvalued. The current stock price of ₹1,845.95 is trading 5% above its estimated GF Value™ of ₹1,758.84. GuruFocus considers Kirloskar Brothers to be Fairly Valued.

Key valuation signals for BOM:500241:

  • Cyclically Adjusted Book per Share: ₹205.31
  • GF Value™: ₹1,758.84 vs. price of ₹1,845.95 (5% above fair value)
  • GF Score™: 80/100 with 5 warning signs

No single metric tells the full story. See the BOM:500241 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kirloskar Brothers Business Description

Other Exchanges KIRLOSBROS:India
Address Yamuna, Survey No. 98 (3-7), Plot No. 3, Baner, Pune, MH, IND, 411045
Kirloskar Brothers Ltd is an Indian pump manufacturing company. It manufactures industrial, agricultural, and domestic pumps, valves, and hydro turbines for various applications. The company is also engaged in providing fluid management solutions for large-scale infrastructure projects across various applications, including water supply, power plants, irrigation, oil and gas, marine, and defense. Its products and service offerings include designing and developing centrifugal and vertical turbine pumps, hydro turbines, end suction pumps, slipcase pumps, Francis turbines, Kaplan turbines, and others. The company operates in a single reporting segment of Fluid Machinery and Systems. Geographically, it sells products in India, its key revenue-generating market, and internationally.
80GF Score

Get the complete analysis for BOM:500241

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,845.95
Price
₹1,758.84
GF Value